Michael Jackson, the man..ish, the memorial

aria

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Errr...aren't his children entitled to that money?

I'm assuming, as their minors, someone will be assigned to manage the estate --also some of the money might be given to other members of the family (depending on the will).

Frankly, if I ever had any control over the estate planning of a very rich person with more than a handful of legatees, I would consider creating a trust for the bulk of the estate: that way there would a way to better manage the needs of the various beneficiaries and possibly maintain (or even grow) the total assets.

I know (and briefly worked for) a man who's father was a wealthy Kuwaiti billionaire --the problem was the man had three wives and 27 children... the wealth would've diluted quickly had it been evenly divided so they opted to create a family trust which takes care of all members of the family --though there were some in-fighting problems with various factions (children of one wife vs.another, etc) when it came to controlling the trust. Law is fun. Join us.
 

Lagduf

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Somehow I doubt Jackson had all these legal issues figured out in case of an untimely death.
 

SouthtownKid

There are four lights
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return16.jpg


I'll never turn to the Dark Side!
 

aria

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I'll never turn to the Dark Side!

But if you do, you can use your higher-than-normal level of midichlorians to wield interesting powers over matter and energy --since we really aren't born equal ts like a totally okay caste system!
 

aria

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We needs some unreliable old women to claim that they saw Michael in a dream before they were miraculously healed.
 

Segata_Sanshiro

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Thanks for the infos Bobby.

I still lean towards a verdict of not a pedophile

Dude was definitely odd, but you don't sell a hundred million albums by being normal
 

aria

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Lots more Michael

His last words were "Forgive them, Father, they know not what they do." Of course I wasn't there, but I can feel it. I saw it in my dreams, only I was awake and creating them with my mind --but it must've been divine inspiration. [laugh, but the scary thing is this is how all our major religions got started]


Back to the facts:

524,330 registered for the 11,000 Staples Center tickets and 7000 Nokia Theater simulcast.

Its going to be harder to get into than Harvard or Stanford: In 2009, Harvard had 29,112 applicants for about 1,500 spots, and 30,428 students applied for about 1,700 spots at Stanford.

LA is actively dissuading people without tickets to avoid the area, as they've opted to cordon off the vicinity of the Staples Center to only ticketed visitors. There's a feeling that tens, if not hundreds of thousands will show up anyway.

Meanwhile, AEG (the concert promoter) may end up in the black in this whole venture because someone had the brilliant foresight to tape the rehearsals in HD.

July 3, 2009, 12:39 pm
Despite Loss of Star, Jackson Concert Promoter Expects Profit
By Ben Sisario AND Ana Facio Contreras

In the days after Michael Jackson’s death, many music industry analysts speculated that AEG Live, the promoter of Mr. Jackson’s planned concert engagement in London, stood to lose a fortune: It had invested $25 million to $30 million in the shows and would be responsible for up to $85 million in ticket refunds, and the company said that some of its insurance coverage would depend on the cause of Mr. Jackson’s death.

But Randy Phillips, the chief executive of AEG Live, said that because of its rights to film and audio of the concert rehearsals — and its expectation that many people would hold on to their tickets as souvenirs, forgoing a refund — the company might actually make a significant profit.

“For the record, this great company I work for is not bankrupt,” he said, at a press conference in Los Angeles on Thursday. “I’m heartbroken but the company’s fine.”

The company had a $17 million insurance policy that covered an accidental death, which it might be able to claim, Mr. Phillips said. And he expected only 40 to 50 percent of fans to redeem their tickets for a refund, substantially reducing the company’s potential losses. AEG Live also owns the rights to audio and high-definition video that was created at the rehearsals, which Mr. Phillips said could earn millions.

“We have over 100 hours of documentary footage done in HD of every single meeting, audition, rehearsal,” he said. “This is really the last great work of a 20th-century genius.”

Once church organist opted to conclude mass with is own organ tribute (YouTube).

A Ukrainian town is considering renaming itself after him.

The Iowa State Fair will feature a live-size butter statue of him (in addition to the traditional cow), doing the moonwalk, of course.

His estate grows richer with each passing day: now that his mad spending days are over, and his record sales remain at incredible heights.
 

SouthtownKid

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Why do so many people want to attend the funeral? They know he's not going to perform, right?
 

Lagduf

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Michael Jackson really did a lot to make the world a better place, STK.

That's why.

Duh.

:emb:
 

aria

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Why do so many people want to attend the funeral? They know he's not going to perform, right?

Oh ye of little faith, on Tuesday morning the corners will arrive only to find that their locked refrigerator door has been miraculously opened.
 

Segata_Sanshiro

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There was this random dude at a gas station I was at the other day yelling at people to 'remember Michael.' He was holding a big poster of Jackson
 

Rade K

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Oh ye of little faith, on Tuesday morning the corners will arrive only to find that their locked refrigerator door has been miraculously opened.



Fuck, dude. :lolz:
 

Ajax

way more american than wyo, way more
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I'm in a hostel in Japan right now and they play MJ songs in the lobby pretty much around the clock.
 

aria

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I'm in a hostel in Japan right now and they play MJ songs in the lobby pretty much around the clock.

You should pretend you got to hang out at Neverland as a kid, maybe it'll help you score with the locals girls.

"Oh yeah, it was awesome. Rides, video games, movies, junk food, Bubbles... Sure, he was a little touchy, but it wasn't a big deal and it was all in good fun. If you want I can show how he'd touch you..."
 

Ajax

way more american than wyo, way more
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You should pretend you got to hang out at Neverland as a kid, maybe it'll help you score with the locals girls.

"Oh yeah, it was awesome. Rides, video games, movies, junk food, Bubbles... Sure, he was a little touchy, but it wasn't a big deal and it was all in good fun. If you want I can show how he'd touch you..."

:lolz: Jedah is rage cursing you right now for this.

Just kiddin' Jedah. ;)
 

aria

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Bring on the memorial!

Tuesday, July 7, 2009, 10:00 a.m. Pacific Time
Broadcasting on all major stations

The line-up:

Ron Boyd (family friend); Kobe Bryant; Mariah Carey; Andrae Crouch Choir; Berry Gordy; Jennifer Hudson; Shaheen Jafargholi (finalist on "Britain’s Got Talent"); Magic Johnson; Martin Luther King III; Bernice A. King; John Mayer; Lionel Richie; Smokey Robinson; the Rev. Al Sharpton; Brooke Shields; Pastor Lucious Smith (family friend); Usher; and Stevie Wonder.

Elizabeth Taylor opted out (a bit of a shame, but its not like she needs to keep herself in the public eye anymore).

The ticket distribution was almost shockingly orderly --a drive-through affair at Dodger Stadium. Some predict it was a dry run of the police state they're going to be setting up around the Staples Center tomorrow.

The Purple Ticket and the Golden wristband.

Given their GMT timeline, Wikipedia has just placed Thriller as its featured article of the day.

Haha, one last hurrah.
 

racecar

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Bring on the memorial!

Tuesday, July 7, 2009, 10:00 a.m. Pacific Time
Broadcasting on all major stations

The line-up:

Ron Boyd (family friend); Kobe Bryant; Mariah Carey; Andrae Crouch Choir; Berry Gordy; Jennifer Hudson; Shaheen Jafargholi (finalist on "Britain’s Got Talent"); Magic Johnson; Martin Luther King III; Bernice A. King; John Mayer; Lionel Richie; Smokey Robinson; the Rev. Al Sharpton; Brooke Shields; Pastor Lucious Smith (family friend); Usher; and Stevie Wonder.

Elizabeth Taylor opted out (a bit of a shame, but its not like she needs to keep herself in the public eye anymore).

The ticket distribution was almost shockingly orderly --a drive-through affair at Dodger Stadium. Some predict it was a dry run of the police state they're going to be setting up around the Staples Center tomorrow.

The Purple Ticket and the Golden wristband.

Given their GMT timeline, Wikipedia has just placed Thriller as its featured article of the day.

Haha, one last hurrah.

what no McCauley Culkin ??
 

Hidden Character

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The line-up:

Ron Boyd (family friend); Kobe Bryant; Mariah Carey; Andrae Crouch Choir; Berry Gordy; Jennifer Hudson; Shaheen Jafargholi (finalist on "Britain’s Got Talent"); Magic Johnson; Martin Luther King III; Bernice A. King; John Mayer; Lionel Richie; Smokey Robinson; the Rev. Al Sharpton; Brooke Shields; Pastor Lucious Smith (family friend); Usher; and Stevie Wonder.

The Purple Ticket and the Golden wristband.

In my head, I'm reading the list as if it's the starting lineup w/the Chicago Bulls theme playing despite taking place in LA. :lolz:

I also thought about Prince when you mentioned the tickets and wristband will be in purple and gold, but then I also thought about The Lakers, then about royalty.
 
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